Question

The marked price of a product is 50% more than the cost and the selling price of the product is 50% less than the marked price. Can the shop make a profit by selling the product? Explain the answer

Answer 1

Answer:

No, loss is Rs 25

Explanation: Let the C.P. be Rs 100 , Marked price 50%more i.e. Rs 150 and the S.P. is 50% less than Marked price, so S.P. is (Rs 150- 50% of Rs 150)= Rs 75 . Therefore , Loss= C.P. -S.P. = Rs 25 and % loss= 25%

Answer 2

Given:

Marked price = 50% more

Selling price = 50% less

To Find:

whether the shop keeper can make profit by selling the product

Explanation:

let the cost price be 1

Then the market price = 1 + 50% = 1.5

Selling price = 1.5 - 50% = 0.75

Profit or loss = Selling price - Cost price

= 0.75 - 1

= - 0.25

Here cost price is more than the selling price therefore it is loss of 0.25